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MQ Market Updates - 16 July 2025

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2025-07-16 17:22:24
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MQ Market Updates - 16 July 2025

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Handal Energy Bhd (HANDAL) faces legal action for failing to deliver cranes as per a two-year-old agreement. 

Scope Industries Bhd (SCOPE) is investing RM20 million in Malacca Securities Sdn Bhd via preference shares subscription.

Pekat Group Bhd (PEKAT) aims to raise RM84.68 million by issuing 66.16 million new shares, enhancing its market value to over RM1 billion.

PGF Capital Bhd (PGF) is projected to report strong Q1 results for FY2026, driven by high demand for glass mineral wool products, though production capacity may limit earnings growth.

S P Setia Bhd (SPSETIA) has achieved LEED ND v4 Platinum certification for its Setia Federal Hill project, marking a significant milestone as the first in Malaysia to receive this top rating.

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Disclaimer: This information does not represent a BUY or SELL recommendation on the stock covered. Traders and Investors are encouraged to do their own analysis on stocks instead of blindly following any Trading calls raised by various parties on the Internet.
 

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